SITE, the prominent Saudi Information Technology Company owned by the Public Investment Fund (PIF), has joined forces with Fortanix Inc., a pioneering multi-cloud data security company, to launch an innovative data security solution for the MENA region. This strategic partnership will introduce Fortanix’s industry-leading data security platform to the Saudi market, providing a first-of-its-kind offering in the region.<\/p>\n\n\n\n
The collaboration between SITE and Fortanix will result in a highly secure Software-as-a-Service (SaaS) called SITE Cloud, exclusively powered by Fortanix’s confidential computing technology. This managed SaaS offering will establish a dedicated data sovereignty region in Saudi Arabia to cater to MENA clients.<\/p>\n\n\n\n
The companies aim to customize various data security solutions, including multi-cloud key management, tokenization, data masking, secrets management, and Hardware Security Module (HSM)-as-a-service, all delivered through a unified platform with exceptional business agility. This tailored solution targets organizations in both the public and private sectors that handle sensitive data and face data sovereignty and regulatory compliance challenges.<\/p>\n\n\n\n
Among the initial services, the partnership will roll out a service with the Google Cloud External Key Manager.<\/p>\n\n\n\n
Majed Alamri, SITE’s Chief Business Solutions Officer, expressed enthusiasm for the exclusive partnership with Fortanix, emphasizing SITE’s commitment to secure-by-design principles and their belief that the joint solution will offer outstanding value to clients, further accelerating regional growth.<\/p>\n\n\n\n
Faiyaz Shahpurwala, Fortanix’s Chief Product and Strategy Officer, highlighted SITE’s suitability as a strategic partner to serve customers in Saudi Arabia and the Middle East. He praised their strong track record with industry-leading SaaS offerings and data security manager platforms, expressing honor in tailoring services to this critical region while complying with data sovereignty and security requirements.<\/p>\n\n\n\n
Localized benefits of Fortanix’s Data Security Manager (DSM) SaaS include an end-to-end data security platform with cloud-friendly encryption, key management, and tokenization from a single integrated platform. The solution also features centralized security management with a web-based user interface, enterprise-level access, quorum-based controls, and single sign-on support. Notably, the SITE-localized technology is the first multi-cloud data security service globally certified to the rigorous FIPS 140-2 Level 3 security standards. Additionally, the SITE Cloud-localized platform runs on confidential computing hardware, offering customers the highest level of security.<\/p>\n","protected":false},"excerpt":{"rendered":"
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